The Best Performing Bond Mutual Funds over the Last 10 Years
Updated as of: January 11, 2026
This article contains the best-performing bond mutual funds from the last year all the way back to the past decade, with data routinely updated by YCharts.
To create this list, we analyzed the entire mutual fund universe using the YCharts Fund Screener to find the best-performing US-domiciled fixed income mutual funds on a 1-year, 3-year, 5-year, and 10-year basis. (Funds with leveraged or inverse attributes as well as those in the alternative currency strategy and options arbitrage strategy peer groups were excluded to focus on long-term investment vehicles that align with broader financial planning goals).
Table of Contents
Looking for lists of the best-performing bond ETFs? Check out our Best-Performing Bond ETFs analysis here.
Best Performing Bond Mutual Funds in the Last Year
These are the top-performing bond mutual funds over the past year, as of December 31, 2025.
| Symbol | Name | 1 Year Total Returns (Monthly) | Yield to Maturity | Effective Duration | Effective Maturity | Net Expense Ratio | Share Class Assets Under Management | Peer Group Name |
|---|---|---|---|---|---|---|---|---|
| FEMGX | Templeton Sustainable Emerging Markets Bd Fd A | 26.41% | 10.36% | 4.89 | 7.04 | 1.16% | $11,444,830 | Emerging Markets Local Currency Debt Fds |
| EEIIX | Eaton Vance Emerging Markets Local Income Fund I | 26.00% | N/A | N/A | 0.00 | 1.01% | $1,263,045,730 | Emerging Markets Local Currency Debt Fds |
| PELBX | PIMCO Emerg Markets Local Currency and Bd Fd Inst | 22.92% | 8.74% | 6.60 | 8.30 | 1.60% | $2,423,620,499 | Emerging Markets Local Currency Debt Fds |
| GMDFX | GMO Emerging Country Debt Fund IV | 22.40% | 8.70% | N/A | 16.08 | 0.56% | $1,303,197,101 | Emerging Mrkts Hard Currency Debt Funds |
| ANNPX | Virtus Convertible Fund Institutional | 22.37% | N/A | N/A | N/A | 0.71% | $1,207,703,640 | Convertible Securities Funds |
| LCFYX | Lord Abbett Convertible Fund I | 22.28% | 4.29% | 0.01 | 0.00 | 0.89% | $411,982,608 | Convertible Securities Funds |
| TGWIX | TCW Emerging Markets Local Currency Income Fund I | 21.09% | 9.88% | 6.20 | 9.30 | 0.85% | $45,266,013 | Emerging Markets Local Currency Debt Fds |
| DBELX | DoubleLine Emerging Markets Local Currency Bond I | 20.84% | 7.04% | 4.94 | 6.56 | 0.91% | $379,526,943 | Emerging Markets Local Currency Debt Fds |
| TGTRX | Templeton Global Bond Enhanced Fund A | 20.40% | 9.04% | 4.36 | 6.52 | 1.21% | $112,917,807 | Global Income Funds |
| HACSX | Harbor Convertible Securities Fund Inst | 20.36% | -2.68% | N/A | N/A | 0.71% | $20,515,161 | Convertible Securities Funds |
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Best Performing Bond Mutual Funds in the Last 3 Years
These are the top-performing bond mutual funds on an annualized basis between January 1st, 2023 and December 31, 2025.
| Symbol | Name | 3 Year Total Returns (Monthly) | Annualized 3 Year Total Returns (Monthly) | Yield to Maturity | Effective Duration | Effective Maturity | Net Expense Ratio | Share Class Assets Under Management | Peer Group Name |
|---|---|---|---|---|---|---|---|---|---|
| GMDFX | GMO Emerging Country Debt Fund IV | 63.50% | 17.81% | 8.70% | N/A | 16.08 | 0.56% | 1303197101 | Emerging Mrkts Hard Currency Debt Funds |
| SHRIX | Stone Ridge Hi Yld Reinsurance Risk PrmI | 59.74% | 16.90% | N/A | N/A | N/A | 1.76% | 3957311407 | N/A |
| AGEYX | American Beacon Developing World Income Fund Y | 56.11% | 16.01% | 12.32% | 3.66 | 6.79 | 1.14% | 1208747618 | Emerging Mrkts Hard Currency Debt Funds |
| ANNPX | Virtus Convertible Fund Institutional | 51.36% | 14.82% | N/A | N/A | N/A | 0.71% | 1207703640 | Convertible Securities Funds |
| LCCIX | Leader Capital Short Term High Yield Bond Fund Ins | 50.89% | 14.70% | 9.91% | 0.31 | N/A | 1.25% | 133013089 | High Yield Funds |
| HACSX | Harbor Convertible Securities Fund Inst | 50.36% | 14.56% | -2.68% | N/A | N/A | 0.71% | 20515161 | Convertible Securities Funds |
| FCVSX | Fidelity Convertible Securities Fund | 50.24% | 14.53% | N/A | N/A | N/A | 0.69% | 1798722864 | Convertible Securities Funds |
| EIDOX | Eaton Vance Emerging Markets Debt Opportunities I | 49.85% | 14.43% | N/A | N/A | 0.00 | 0.81% | 3418642519 | Emerging Markets Local Currency Debt Fds |
| LCFYX | Lord Abbett Convertible Fund I | 49.37% | 14.31% | 4.29% | 0.01 | 0.00 | 0.89% | 411982608 | Convertible Securities Funds |
| FEMDX | Franklin Emerg Market Debt Opptys Fund | 49.37% | 14.31% | 9.65% | 4.55 | 7.60 | 1.02% | 138260183 | Emerging Mrkts Hard Currency Debt Funds |
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Best Performing Bond Mutual Funds in the Last 5 Years
These are the top-performing bond mutual funds on an annualized basis between January 1, 2021 and December 31, 2025.
| Symbol | Name | 5 Year Total Returns (Monthly) | Annualized 5 Year Total Returns (Monthly) | Yield to Maturity | Effective Duration | Effective Maturity | Net Expense Ratio | Share Class Assets Under Management | Peer Group Name |
|---|---|---|---|---|---|---|---|---|---|
| SHRIX | Stone Ridge Hi Yld Reinsurance Risk PrmI | 57.23% | 9.47% | N/A | N/A | N/A | 1.76% | $3,957,311,407 | N/A |
| ORDNX | North Square Preferred and Income Securities Fd I | 56.70% | 9.40% | N/A | N/A | N/A | 0.97% | $374,528,338 | Flexible Income Funds |
| FOCIX | Fairholme Focused Income Fund | 55.81% | 9.27% | N/A | N/A | N/A | 1.01% | $207,664,657 | Flexible Income Funds |
| AGEYX | American Beacon Developing World Income Fund Y | 48.10% | 8.17% | 12.32% | 3.66 | 6.79 | 1.14% | $1,208,747,618 | Emerging Mrkts Hard Currency Debt Funds |
| BATPX | BATS: Interest Rate Hedge Series | 47.12% | 8.03% | 4.56% | -7.00 | 0.60 | 0.02% | $2,826,410 | Specialty Fixed Income Funds |
| EIDOX | Eaton Vance Emerging Markets Debt Opportunities I | 42.59% | 7.35% | N/A | N/A | 0.00 | 0.81% | $3,418,642,519 | Emerging Markets Local Currency Debt Fds |
| ICMUX | Intrepid Income Fund Institutional | 41.08% | 7.13% | N/A | N/A | N/A | 0.96% | $1,227,134,054 | Short High Yield Funds |
| FAGIX | Fidelity Capital & Income Fund | 40.47% | 7.03% | N/A | N/A | 5.00 | 0.90% | $14,833,147,925 | High Yield Funds |
| MBSAX | Columbia Multisector Bond SMA Completion Portfolio | 40.28% | 7.00% | N/A | N/A | N/A | 0.00% | $93,462,340 | Multi-Sector Income Funds |
| TRIZX | T Rowe Price Floating Rate Fund Z | 40.28% | 7.00% | N/A | 0.47 | 4.88 | 0.02% | $1,292,742,442 | Loan Participation Funds |
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Best Performing Bond Mutual Funds in the Last 10 Years
These are the top-performing bond mutual funds on an annualized basis between January 1, 2016 and December 31, 2025.
| Symbol | Name | 10 Year Total Returns (Monthly) | Annualized 10 Year Total Returns (Monthly) | Yield to Maturity | Effective Duration | Effective Maturity | Net Expense Ratio | Share Class Assets Under Management | Peer Group Name |
|---|---|---|---|---|---|---|---|---|---|
| FCSZX | Franklin Convertible Securities Fund Advisor | 221.62% | 12.39% | -0.28% | 0.92 | 0.01 | 0.58% | $1,878,408,581 | Convertible Securities Funds |
| ANNPX | Virtus Convertible Fund Institutional | 220.91% | 12.37% | N/A | N/A | N/A | 0.71% | $1,207,703,640 | Convertible Securities Funds |
| ORDNX | North Square Preferred and Income Securities Fd I | 203.23% | 11.73% | N/A | N/A | N/A | 0.97% | $374,528,338 | Flexible Income Funds |
| LCFYX | Lord Abbett Convertible Fund I | 203.10% | 11.73% | 4.29% | 0.01 | 0 | 0.89% | $411,982,608 | Convertible Securities Funds |
| NCIAX | Columbia Convertible Securities Fund I | 196.54% | 11.48% | N/A | N/A | N/A | 0.83% | $688,660,090 | Convertible Securities Funds |
| FCVSX | Fidelity Convertible Securities Fund | 193.82% | 11.38% | N/A | N/A | N/A | 0.69% | $1,798,722,864 | Convertible Securities Funds |
| MCNVX | NYLI MacKay Convertible Fund I | 180.22% | 10.85% | N/A | 2.98 | 2.95 | 0.61% | $825,571,293 | Convertible Securities Funds |
| GMDYX | GuideStone Medium-Duration Bond Fund Inst | 177.97% | 10.76% | N/A | N/A | N/A | 0.41% | $2,989,255,545 | Core Bond Funds |
| CICVX | Calamos Convertible Fund I | 160.78% | 10.06% | N/A | 1.37 | 3.52 | 0.88% | $629,690,000 | Convertible Securities Funds |
| PCONX | Putnam Convertible Securities Fund A | 158.88% | 9.98% | -5.30% | 1.36 | N/A | 1.03% | $365,146,406 | Convertible Securities Funds |
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What Was the Growth of $10,000 in the Top Bond Mutual Funds Over the Last 10 Years?
The best-performing bond mutual fund in the last 10 years was the Franklin Convertible Securities Fund Advisor (FCSZX). A $10,000 investment into ORDNX 10 years ago would be worth $32,160 today on a total return basis. Right behind it was the Catalyst/SMH High Income Fund I (ANNPX); investing $10,000 into this Catalyst/SMH fund back in 2016 would’ve turned into $32K with dividend reinvestment.
However, investing $10,000 into a benchmark bond index such as the Bloomberg US Aggregate index netted a total return of just 22% over the last ten years, or 2% on an annualized basis. Investing in one of these broad bond indexes was not enough to beat inflation over the last decade.
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